Asaka Bank has been recognized as the best for small and medium-sized enterprises.

In the contest Best Bank Awards 2020 held by AsiaMoney magazine, Asaka Bank was recognized as the best for small and medium-sized enterprises.

Experts of the publication highly appreciated the indicators and dynamics of the Bank's development.

The Bank is the second largest in the country, boasting assets of 35 trillion UZS (3.7 billion USD).

According to Asaka Bank, the bank provided financing to 11,250 SME projects in 2019. Continuous improvement of the product line, carried out in accordance with market needs, as well as an effective approach to lending, modernization and automation of the internal business process allowed the bank to form the largest loan portfolio of funded projects for small and medium-sized enterprises of the country.

The Best Bank Awards is held annually among the banks of Asia-Pacific region to assess the activity of banks in each country. Winners are encouraged in such categories as “Best Domestic Bank”, “Best Corporate and Investment Bank”, “Best International Bank”, “Best Digital Bank”, “Best Bank for Corporate and Social Responsibility”, “Best Bank for Microfinance”.